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What Sparked a New Period of Colonial Expansion for England

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What sparked a new period of colonial expansion for England in the mid-seventeenth century?


Definitions:

Borrower

An individual or entity that receives funds from a lender under the agreement that the funds will be repaid, typically with interest, over a period of time.

Installment Accounts Receivable

Refers to the money owed to a company that will be paid back in regular, periodic payments.

Term Loans

Loans from financial institutions that are repaid over a set period of time with scheduled payments.

Personal Guarantees

A commitment by an individual to repay a debt if the original borrower defaults, often required in business loans.

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